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$3,864 (target)

206 Sunrise Avenue SE, Ocean Shores, WA 98569

3 beds • 3 baths • 2320 sqft

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This property looks like a bad Mid-Term investment with a projected -3.18% first-year return on $113k initial cash invested.

-3.18%

Cash On Cash

5.77%

Cap Rate

0.94

DSCR

$3,864

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,864 income − $4,162 expenses = $298 out of pocket

Income$3,864Out of Pocket$298Mortgage P&I$2,30560%Property Taxes$38410%Insurance$1584%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,864

Total Expenses

$4,162

Mortgage P&I

60%

$2,305

Property Taxes

10%

$384

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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